Penthouse at One Queensridge Tower Sells for $7.7M

A short while after Veer Towers hit the $100 million mark in sales, the Las Vegas condominium market hit another high. Completed by new Las Vegas brokerage Char Luxury Real Estate, the deal for the unfinished Crown penthouse at the One Queensridge Place was worth a record $7.7 million. The upscale residence was acquired by a Canadian buyer, in what is the highest priced property sold in the city year to date.

Soon after Veer Towers hit the $100 million mark in sales, the Las Vegas condominium market has reached another milestone.

An unidentified Canadian buyer acquired the Crown penthouse at One Queensridge Place for $7.7 million, the top price paid so far this year for a residence in 2015. Char Luxury Real Estate, a new Las Vegas brokerage, arranged the sale.

The 15,000-square-foot penthouse is one of four at the One Queensridge Place residential complex. Completed in 2008, One Queensridge consists of two 18-story residential buildings comprising 219 residences. The resident amenity package features a spa, wine cellar and 24-hour gated security.

Randy Char

Each penthouse offers 24-hour concierge service, a 15-vehicle private garage, direct elevator service, and seven terraces totaling 3,000 square feet. One penthouse remains on the market; its list price is $9.9 million.

“The Crown purchase isn’t a speculative investment,” said Randy Char, the broker in charge of the transaction, in a statement. He also noted that the price reflects the penthouse’s unfinished state; full customization will probably push the price of the remaining penthouse above $10 million.